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Bullboard - Stock Discussion Forum Petro Rio S.A. HRTPF

"Petro Rio SA is engaged in exploration and production of oil and gas in Brazil and abroad. The Company is currently engaged in the hydrocarbon production in Polvo field."

GREY:HRTPF - Post Discussion

Petro Rio S.A. > HRT has no revenue....debunked
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Post by Drill_Deep,_Find_oil,_stay_calm on May 06, 2013 6:22pm

HRT has no revenue....debunked

Yes...never argue with the Village Idiot who has a keyboard but can't read or do any DD

Looking at slide 20 in HRT's Q4 2012 results, revenue was 108,000,000 BRL or ~ $54,000,000 USD. I assume that's MM's research lab he folded into HRT public share structure + a wee bit of interest from the IPO cash

X that by 4 Q's = > $200,000,000 USSD for 2012

Maybe not a lot of revenue to the dougheads here that don't know what revenue is, but that's a chunk of change.

Is MM worth $6M a year for bringing that coin here? I'd rather pay MM for his PhD dominated lab than the Hedgies that swarm like parasites and post mis-information here. Whopper after whopper and a bunch more on a great news day.

So for Q1 2013...add in the oil revenue, hopefully MM burned the shorters with retroactive revenue to Jan 1 2013. Sweet

Only thing better would be a Rights offering....shorters have to provide like a div when short.

Comment by robnhood on May 06, 2013 8:07pm
Nonsense. I don't in any way claim to know the fundamentals but I do know that they are spendinf way way fas=ter than it is coming in. WAY FASTER.  So IMO you are the BS'r who is misleading.